Paris
This coverage explores Paris’s relevance to the UK retail sector, focusing on fashion weeks, luxury brand strategies, flagship store launches, and cross-border retail trends. Reporting highlights how developments in Paris influence UK retail operations, consumer expectations, and competitive positioning — offering insights for executives, buyers, and professionals engaged with luxury, fashion, and international retail markets.
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Aug- 2025 -28 AugustClothing & Shoes
West End loses out on £310m in sales without tax-free shopping
Retailers in London’s West End have lost an estimated £310m in sales in the first half of 2025 due to the ongoing absence of tax-free shopping, according to new research released by New West End Company. The figure represents a 40% increase on the £220m lost over the same period…
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7 AugustEconomy
Luxury loses momentum as midmarket braces for impact, Colliers finds
Luxury and midmarket retailers across EMEA are recalibrating strategies in response to a cooling post-pandemic retail environment, according to a report from Colliers. Colliers found that after years of price-led growth, luxury retail is showing signs of fatigue. Brands such as Kering and Chanel reported revenue declines in 2024, while…
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5 AugustShopping Centres
British shoppers drive surge in EU VAT-free spending after UK scheme scrapped
British spending on VAT-free shopping in the European Union (EU) has risen more than fivefold since 2021, as consumers increasingly choose to buy luxury goods abroad rather than in UK stores, according to the Times. New figures from the Association of International Retail (AIR) show that Britons spent £742m in…
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Jul- 2025 -25 JulyLuxury Goods
LVMH H1 revenues dip 4% to €39.8bn amid softened luxury demand
LVMH has reported a 4% fall in revenues to €39.8bn (£34.7bn) for the first half of 2025, which the luxury fashion group attributed to geopolitical and economic disruption. Profits from recurring operations dropped 15% to €9bn (£7.8bn), representing an operating margin of 22.6%, while net profit attributable to the group…
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18 JulyClothing & Shoes
Mango H1 turnover jumps 12% to €1.7bn amid global expansion
Mango has reported a 12% rise in turnover to €1.7bn (£1.4bn) in the first half of 2025, as the Spanish fashion company expanded its international footprint and online presence. During the period, the company opened 78 new shops and refurbished an additional 30, taking its global store count to 2,925…
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Jun- 2025 -30 JuneClothing & Shoes
Lacoste appoints Éric Vallat as CEO
Éric Vallat has been appointed chief executive of Lacoste, effective from 1 September, succeeding Thierry Guibert, who has led the fashion brand since 2015 A graduate of HEC Paris, Vallat has held senior roles across the fashion, luxury and spirits sectors. He previously led Bonpoint and J.M. Weston, was chief…
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May- 2025 -19 MayEconomy
Retailers urge Reeves to reinstate VAT-free shopping
Retailers are urging chancellor Rachel Reeves to reinstate tax-free shopping for tourists as US escalating tariffs continue to cause disrupture, The Times has revealed. In a joint letter to the chancellor, seen by The Times, four major trade bodies — the British Retail Consortium, the British Beauty Council, Walpole and…
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Apr- 2025 -2 AprilSport & Leisure
Decathlon revenues rise 5.2% in 2024 amid cost-control efforts
Decathlon has seen its revenues rise by 5.2% in 2024, but when adjusted for “unfavourable” exchange rates, revenues increased by 3.8% to €16.2bn (£13.5bn). It comes as the group underwent “rigorous” cost-control measures to mitigate the impact of cost inflation, which has allowed the sports retailer to maintain its commercial…
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Mar- 2025 -26 MarchClothing & Shoes
Uniqlo’s popularity with Gen-Z boosts FY profits by 57% to €221.7m
Uniqlo’s European operations has seen its profits jump by 57.5% to €221.7m (£185.4m) in the year to 31 August 2024, thanks to the retailer’s popularity with Gen-Z shoppers. Turnover at the Japanese clothing retailer has continued to increase year-on-year by 30%, meaning that its gross profit margin has been maintained…
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Feb- 2025 -14 FebruaryProperty
Sloane Street completes £46m transformation
London’s luxury shopping destination Sloane Street has officially completed its £46m transformation after more than a decade of planning and extensive public consultation. The project, funded by property manager Cadogan and delivered in partnership with Kensington and Chelsea Council, has created a green 1km long boulevard spanning from Knightsbridge to…
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